Aberdeen

Juliet Livingstone

Juliet Livingstone - Northwood

“The lettings market across the North East remained stable throughout Q2 2026, with indicators pointing towards sustained confidence and steady demand, as well as moderate growth in rental values. Aberdeenshire continues to be one of the strongest-performing areas in the region. Family homes remain particularly competitive - three and four-bedroom properties are attracting multiple enquiries within days of listing. Energy efficiency is now a prominent consideration, with many increasingly conscious of running costs and environmental impact. There has also been a marked rise in enquiries for rural homes. Tenants relocating for new employment opportunities are seeking properties offering outdoor space.”

Market Overview - Q2 2026

BedsAverage
Rent
Rent Change
1yr
Rent Change
5yrs
Rent Change
10yrs
Av. TTL
(days)
TTL Change
YoY
Let within
a week
Let within
a month
1 bed £565 0.9% 29.3% 3.5% 39 4 11% 48%
2 bed £814 2.0% 30.0% 3.4% 35 -1 8% 54%
3 bed £1,197 2.0% 23.3% 3.1% 41 3 10% 47%
4 bed £1,647 1.8% 17.7% 10.2% 40 -3 11% 49%
All £895 1.4% 26.6% 7.7% 37 1 10% 51%

Average Rent (pcm) by Number of Bedrooms

Average Time To Let (TTL) by Number of Bedrooms

Rental Index (base Q1 2008)

YearQ1Q2Q3Q4
2008 100.0 99.5 100.7 98.8
2009 97.1 94.6 93.8 96.8
2010 96.9 96.5 96.3 98.3
2011 102.5 97.4 99.2 101.0
2012 103.2 101.8 101.6 107.3
2013 108.6 109.3 113.2 116.2
2014 120.5 122.5 120.6 125.4
2015 123.1 117.9 112.4 105.5
2016 97.7 93.9 93.7 89.2
2017 86.8 89.0 87.5 85.3
2018 83.2 83.6 84.2 80.8
2019 80.2 82.9 80.9 80.0
2020 79.3 78.6 80.7 80.1
2021 79.0 79.9 80.8 80.7
2022 81.7 83.4 87.2 88.8
2023 90.2 94.4 94.0 97.5
2024 97.6 100.1 98.2 99.0
2025 97.5 99.8 100.2 100.7
2026 99.2 101.1    

Market Composition

Yield by Popular Postcode (Flats):

Postcode20172018201920202021
AB10 5.20% 5.40% 5.20% 5.30% 5.3%
AB11 5.60% 5.70% 6.00% 6.20% 6.1%
AB15 5.10% 4.90% 5.20% 5.20% 5.4%
AB24 6.60% 6.70% 6.40% 7.30% 7.4%
AB25 5.50% 5.30% 4.90% 5.60% 5.8%
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